Showing posts with label mba. Show all posts
Showing posts with label mba. Show all posts

Tuesday, May 8, 2007

A warning to keep in mind...

Brien's First Law:
At some time in the life cycle of virtually every organization, its ability to succeed in spite of itself runs out.

This explains why managers need to learn. There are models of
strategy that say that the differences in performance achieved
by organizations with similar resources are due to the quality
of management. Managers working in Pam Am, Sony, Kodak and Polaroid
probably thought that their companies' were great - until the fall came.

Incidentally I have seen this quoted as Brien's and Brier's first law.
I am not sure who he/she is, which name is correct or if there is
a second law...